Equity and Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2013

Schedule Of Changes In Components Of Total Equity

Changes in the components of Total equity were as follows:

(dollars in millions)	Attributable to Verizon			Noncontrolling Interest			Total Equity
Balance at January 1, 2013	$	33,157		$	52,376		$	85,533
Net income		1,952			2,903			4,855
Other comprehensive loss		(179	)		(12	)		(191	)
Comprehensive income		1,773			2,891			4,664
Contributed capital		(96	)		–			(96	)
Dividends declared		(1,474	)		–			(1,474	)
Common stock in treasury		77			–			77
Distributions and other		(127	)		(989	)		(1,116	)
Balance at March 31, 2013	$	33,310		$	54,278		$	87,588

Schedule Of Components In Accumulated Other Comprehensive Income

The changes in the balances of Accumulated other comprehensive income by component are as follows:

(dollars in millions)	Foreign currency translation adjustments			Unrealized loss on cash flow hedges			Unrealized gain on marketable securities			Defined benefit pension and postretirement plans			Total
Balance at January 1, 2013	$	793		$	88		$	101		$	1,253		$	2,235
Other comprehensive income (loss)		(148	)		(31	)		14			–			(165	)
Amounts reclassified to net income		–			25			(3	)		(36	)		(14	)
Net other comprehensive income (loss)		(148	)		(6	)		11			(36	)		(179	)
Balance at March 31, 2013	$	645		$	82		$	112		$	1,217		$	2,056